Form 4: Farhad Fred Ebrahimi of Desktop Metal, Inc. Reports Beneficial Ownership Changes

Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reported changes in beneficial ownership of common stock and derivative securities through various entities.

Summary

• On December 23, 2024, Farhad Fred Ebrahimi reported transactions involving Desktop Metal, Inc. common stock and put options.
• These transactions were executed through various entities including Crescent River LLC, Havana 2020 GRAT, Elstead 2020 GRAT, Shiraz Capital LLC, Corcaigh LLC, Infinity Trusts Investment LLC, and Farhad F Ebrahimi Roth IRA.
• The transactions involved the acquisition of common stock at prices of $5, $10, and $15 per share.
• The reporting person also holds put options with exercise prices of $5, $10, and $15, expiring in January 2025 and January 2026.
• Following the reported transactions, the total amount of common stock beneficially owned indirectly by Crescent River LLC is 3,407,305 shares.
• The total amount of common stock beneficially owned indirectly by Havana 2020 GRAT is 66,650 shares.
• The total amount of common stock beneficially owned indirectly by Elstead 2020 GRAT is 91,302 shares.
• The reporting person also indirectly owns 1,307,158 shares through Shiraz Capital LLC, 773,371 shares through Corcaigh LLC, 860,840 shares through Infinity Trusts Investment LLC, and 151,030 shares through Farhad F Ebrahimi Roth IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership, which is common for directors and large shareholders of publicly traded companies. It provides transparency to the market regarding the insider's transactions in the company's securities.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transactions may influence investor perception of the company's stock.

Key Dates